"President Obama’s tax proposals — including a limit on charitable giving deductions that could be taken by America’s wealthiest people — could cause giving by America’s wealthy to drop by several billion dollars a year, according to estimates released today by the Indiana University Center on Philanthropy."

"He (Obama) is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds. That is the meaning of his anti-growth tax-hike proposals, which make absolutely no sense at all — either for this recession or from the standpoint of expanding our economy’s long-run potential to grow."

"In order to pay for health care reform, President Barack Obama is proposing to take the axe--or at least the scalpel--to a longtime sacred cow: the mortgage interest deduction. The plan, which was included as part of the president's budget proposal for 2010--unveiled Thursday---would reduce the value of the mortgage interest and other deductions for the nation's highest earners."

The nation's highest earners includes couples who are making $209K, which is not all that wealthy.

I generally don't subscribe to conspiracy theories, but I find myself thinking that Mr. Obama truly is implementing the Cloward-Piven Strategy of using an orchestrated financial crisis to end capitalism and democracy. What else would explain what Obama is doing, day after day? But as this astute commenter at Hot Air writes:

"...it’s tough to gain traction with the voters using gigantic ugliness like the Cloward-Piven strategy, or even Obama’s twenty years at the feet of Chicago’s shameful analogue to David Duke. You don’t sway a lot of “undecided” voters talking about deliberate strategies to crash the markets and seize power, even when it’s true. What gets their attention is not the *big* sins, but the medium-sized blunders: earmarks, corrupt nominations with absurd tax issues, obviously clueless foreign and domestic policy."

"The moderate voters don’t want to think about how they voted for a guy who couldn’t pass the security clearance to work at a National Guard recruiting center, butthey’re ready to become outraged at clear incompetence in the face of a foreign-policy crisis. They can’t wrap their heads around the monstrous evil of a deliberate, orchestrated attack on the American economic system, with the goal of permanently subverting democracy, but they’re ready to vote against the bumbling idiot who knocked 3000 points off the Dow and doubled the price of gas with a cap-and-trade scheme. They’re ready to deal with being disappointed, but their minds tend to shut down before they can become horrified."

Comments

In my own opinion, I don't think Obama's goal is to destroy America at all. Let me compare him to this guy in the Philippines, Bayani Fernando. Now I honestly don't like the guy and what he's been doing to my homeland (pink fences and baby blue street bridges??), but he did some stuff that people complained of at first but eventually realized the importance and impact. For example, the "no left turn" rule..if you want to go left, you have to either take a U-turn straight ahead or turn right and take a U-turn there. People thought it was gonna be a waste of time and gas, but after a while they all saw that traffic moved faster. So maybe Obama's plans are like that--they don't seem great at first but eventually if you give the plans a chance they might actually work.